Preferred Book Value Is Calculated By

question 33

Multiple Choice

Preferred book value is calculated by:

• A) dividing total preferred equity less dividends in arrears by the number of preferred shares outstanding
• B) dividing total preferred equity plus dividends in arrears by the number of preferred shares outstanding
• C) dividing total preferred equity plus dividends in arrears by the number of preferred and common shares outstanding
• D) dividing total preferred equity plus dividends in arrears by the number of common shares outstanding

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Definitions:

Locus of Control

is a psychological concept that refers to individuals’ belief in their ability to control events affecting them, classified as either internal (belief in personal control) or external (belief that external forces dominate).

External

Relating to, situated on, or coming from outside a particular place or entity.

Achievement Motivation

The drive or urge to attain a goal or a standard of excellence, often related to the persistence and effort people put into tasks to meet personal and societal criteria of success.

David McClelland

is known for his work on achievement motivation, including the theory that people are motivated by the need for achievement, power, and affiliation.